An announcement from MicroSectors Solactive FANG & Innovation 3X Leveraged ETN ( (BULZ) ) is now available.
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The Bank of Montreal announced its entry into an automatic securities purchase plan to facilitate the repurchase of its common shares, aligning with its ongoing strategy under a normal course issuer bid. This move, subject to regulatory approval, reflects BMO’s strategic focus on capital management and could influence its market position and shareholder value by potentially enhancing earnings per share and capital efficiency.
More about MicroSectors Solactive FANG & Innovation 3X Leveraged ETN
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.41 trillion as of October 31, 2024. With a history of 200 years, BMO provides a wide range of personal and commercial banking, wealth management, global markets, and investment banking services to 13 million customers across Canada, the United States, and select global markets. BMO is dedicated to fostering economic growth, sustainability, and inclusivity.
YTD Price Performance: 0.63%
Average Trading Volume: 93,874
Current Market Cap: $1.51B
For a thorough assessment of BULZ stock, go to TipRanks’ Stock Analysis page.
